Moneta Group Investment Advisors LLC Has $194.21 Million Position in Archer Daniels Midland Company $ADM

Moneta Group Investment Advisors LLC lessened its holdings in Archer Daniels Midland Company (NYSE:ADM) by 0.7% in the third quarter, Holdings Channel reports. The institutional investor owned 3,250,918 shares of the company’s stock after selling 23,687 shares during the period. Archer Daniels Midland accounts for approximately 1.5% of Moneta Group Investment Advisors LLC’s holdings, making the stock its 12th largest position. Moneta Group Investment Advisors LLC’s holdings in Archer Daniels Midland were worth $194,210,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in ADM. State Street Corp increased its position in Archer Daniels Midland by 0.7% in the 2nd quarter. State Street Corp now owns 34,617,404 shares of the company’s stock valued at $1,827,107,000 after acquiring an additional 223,716 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of Archer Daniels Midland by 3.6% during the second quarter. Charles Schwab Investment Management Inc. now owns 18,076,118 shares of the company’s stock worth $954,058,000 after purchasing an additional 620,794 shares during the period. Dodge & Cox grew its stake in shares of Archer Daniels Midland by 130.1% in the third quarter. Dodge & Cox now owns 15,068,544 shares of the company’s stock worth $900,195,000 after purchasing an additional 8,518,920 shares during the last quarter. Norges Bank acquired a new stake in Archer Daniels Midland in the second quarter valued at $340,247,000. Finally, Pacer Advisors Inc. increased its holdings in Archer Daniels Midland by 8,609.3% in the third quarter. Pacer Advisors Inc. now owns 4,405,427 shares of the company’s stock valued at $263,180,000 after purchasing an additional 4,354,844 shares during the period. 78.28% of the stock is owned by institutional investors.

Analysts Set New Price Targets

ADM has been the topic of several recent research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Archer Daniels Midland in a report on Wednesday, January 21st. BMO Capital Markets restated a “market perform” rating and set a $63.00 price objective on shares of Archer Daniels Midland in a research report on Wednesday, February 4th. UBS Group reaffirmed a “buy” rating on shares of Archer Daniels Midland in a research note on Monday, December 15th. Zacks Research upgraded Archer Daniels Midland from a “strong sell” rating to a “hold” rating in a report on Friday, January 23rd. Finally, Barclays raised their price target on shares of Archer Daniels Midland from $61.00 to $68.00 and gave the stock an “equal weight” rating in a report on Thursday, February 19th. One equities research analyst has rated the stock with a Buy rating, five have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus price target of $58.00.

Archer Daniels Midland Stock Performance

Shares of Archer Daniels Midland stock opened at $70.79 on Tuesday. The business has a 50-day moving average price of $67.13 and a two-hundred day moving average price of $62.59. Archer Daniels Midland Company has a 1-year low of $40.98 and a 1-year high of $73.72. The company has a current ratio of 1.37, a quick ratio of 0.83 and a debt-to-equity ratio of 0.29. The company has a market cap of $34.06 billion, a P/E ratio of 31.89, a PEG ratio of 0.96 and a beta of 0.68.

Archer Daniels Midland (NYSE:ADM) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $0.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.07. Archer Daniels Midland had a return on equity of 7.39% and a net margin of 1.34%.The company had revenue of $18.56 billion for the quarter, compared to the consensus estimate of $21.03 billion. During the same period in the previous year, the business earned $1.14 EPS. The firm’s revenue was down 13.7% compared to the same quarter last year. Archer Daniels Midland has set its FY 2026 guidance at 3.600-4.250 EPS. As a group, analysts anticipate that Archer Daniels Midland Company will post 4.31 EPS for the current year.

Archer Daniels Midland Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 17th were issued a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date was Tuesday, February 17th. This is a positive change from Archer Daniels Midland’s previous quarterly dividend of $0.51. Archer Daniels Midland’s dividend payout ratio (DPR) is currently 93.69%.

Insiders Place Their Bets

In other news, SVP Gregory A. Morris sold 50,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $68.48, for a total transaction of $3,424,000.00. Following the completion of the sale, the senior vice president owned 300,122 shares of the company’s stock, valued at $20,552,354.56. This trade represents a 14.28% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director David R. Mcatee II acquired 7,500 shares of the stock in a transaction dated Thursday, February 5th. The stock was bought at an average price of $64.90 per share, with a total value of $486,750.00. Following the purchase, the director directly owned 7,500 shares in the company, valued at $486,750. This represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Company insiders own 0.70% of the company’s stock.

Archer Daniels Midland Profile

Archer Daniels Midland Company (ADM) is a global agricultural processor and food-ingredient provider that sources, transports and processes oilseeds, corn, wheat and other agricultural commodities. The company operates large-scale crushing, refining and processing facilities that produce vegetable oils, protein meals, corn sweeteners, starches, ethanol, animal feeds and a wide range of food and industrial ingredients. ADM also develops specialty ingredients and solutions for human and animal nutrition, food and beverage formulation, and industrial applications such as bio-based materials and renewable fuels.

ADM’s business combines commodity origination and merchandising with downstream manufacturing and ingredient formulation.